amol on Nostr: I have question regarding the statement that - smaller UTXOs will become economically ...
I have question regarding the statement that - smaller UTXOs will become economically unspendable in the future assuming they aren’t consolidated into larger ones relatively soon.
If bitcoin becomes more valuable in future like 1 USD per sat the miners will be incentivized to accept transaction charging 1 sat per v/B. Will a 10000 sat UTXO be economically unspendable in such scenarios?
Also is it possible to submit transaction to the network with 1 sat per 10 v/B or 1 sat per 100 v/B in case where value of 1 sat is 100 USD in future? If yes, then the small UTXOs will also be spendable and there is no need to worry about smaller UTXOs.
#bitcoin #nostr
preston (npub1s5y…6q7z)
ODELL (npub1qny…95gx)
Derek Ross (npub18am…p424)
LynAlden (npub1a2c…w83a)
jack (npub1sg6…f63m)
If bitcoin becomes more valuable in future like 1 USD per sat the miners will be incentivized to accept transaction charging 1 sat per v/B. Will a 10000 sat UTXO be economically unspendable in such scenarios?
Also is it possible to submit transaction to the network with 1 sat per 10 v/B or 1 sat per 100 v/B in case where value of 1 sat is 100 USD in future? If yes, then the small UTXOs will also be spendable and there is no need to worry about smaller UTXOs.
#bitcoin #nostr
preston (npub1s5y…6q7z)
ODELL (npub1qny…95gx)
Derek Ross (npub18am…p424)
LynAlden (npub1a2c…w83a)
jack (npub1sg6…f63m)